May 2 (Reuters) - Coinbase Global ( COIN ) posted a
sizable jump in profit in the first-quarter, helped by an uptick
in cryptocurrency trading following the launch of the first U.S.
spot bitcoin exchange-traded funds in January.
The company on Thursday reported a net income of $1.2
billion in the three months ended March 31, compared with a loss
of $79 million or $0.34 per share a year ago.